Banco de Crédito del Perú adopts smartTrade LiquidityFX FX platform
Electronic trading and payments platform provider smartTrade Technologies has announced today that Lima based Banco de Crédito del Perú (BCP), the largest financial institution in Peru, has adopted smartTrade as its end-to-end foreign exchange (FX) platform.
smartTrade is a global provider of multi-asset electronic trading and payments platforms supporting foreign exchange, fixed income, money markets, options, and derivatives. Its platform offers connectivity to over 130 liquidity providers, enabling tailored aggregation, smart execution, risk management, order management, analytics, payments, and multi-channel distribution.
Demonstrating its commitment to innovation, BCP sought a state-of-the-art FX platform to elevate its trading capabilities. The bank’s key criteria included a comprehensive solution with advanced pre-trade, trade, and post-trade functionalities, streamlined payments, an intuitive interface, and integrated sales tools to drive efficiency and maintain its competitive edge.
Daniel Marsano, Head of FX Ecosystem at BCP said,
“This alliance with smartTrade Technologies is an example of our commitment to innovation and digitalization to offer the best user experience. We are confident that the range of solutions smartTrade offers us will strengthen our strategy for the future of foreign exchange trading for both individuals and our business and corporate clients.”
David Vincent, CEO and Co-Founder of smartTrade Technologies said,
“This partnership with BCP underscores our commitment to delivering innovative and market-leading FX trading and payments solutions to the demanding South American market. We recognize BCP’s exemplary leadership as the first bank in the region to adopt this advanced technology, and we’re incredibly proud they’ve trusted us to help them achieve their goals. By combining our cutting-edge trading and distribution technology with BCP’s trusted expertise, we are not only strengthening our presence in South America but also creating a robust ecosystem that drives efficiency and unlocks new opportunities for growth in this dynamic market.”
About BCP
Banco de Crédito del Perú is the largest and oldest financial institution in Peru, with a history that dates back 135 years, in 1889. Throughout this time, it has been recognized for its business strength and leadership in the Peruvian market, standing out for its focus on innovation and digitalization. BCP offers a wide range of financial products and services, through which it seeks to be an ally of its customers, collaborators and country so that they can transform their plans into reality.
About smartTrade Technologies
smartTrade Technologies is a leading global provider of multi-asset electronic trading and payments platforms. Its secure, cost-efficient, and technologically advanced private SaaS and MetaCloud solutions support FX, fixed income, money markets, options, and derivatives. With connectivity to over 130 liquidity providers, smartTrade enables tailored aggregation, smart execution, risk management, order management, analytics, payments, and multi-channel distribution.